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reclaiming ppi
pookypoo
Posts: 2 Newbie
Hellllp!!:j
Last week I resigned from my job to become a carer for my daughter for a while and made a claim to barclaycard on my policy that i have paid staggering amounts for for the past 17 years. If my claim is successful they will pay a measly payment that amounts to about 8quid per month. What a joke!!
My question is that even though my claim is in the initial process, i feel that the policy is useless given the fact that i have roughly paid about £6000 in contributions. i believe that the amounts are excessive for what you actually get in return. Many a time i have looked at reclaiming the money back for this policy which in my early 20s i was told that i didnt have much credit history so the ppi would guarantee a successful application so i naively took it out (something which is very difficult to prove) so where do i go from here? no idea and desperately need some advice.
thank you in advance xx:)
Last week I resigned from my job to become a carer for my daughter for a while and made a claim to barclaycard on my policy that i have paid staggering amounts for for the past 17 years. If my claim is successful they will pay a measly payment that amounts to about 8quid per month. What a joke!!
My question is that even though my claim is in the initial process, i feel that the policy is useless given the fact that i have roughly paid about £6000 in contributions. i believe that the amounts are excessive for what you actually get in return. Many a time i have looked at reclaiming the money back for this policy which in my early 20s i was told that i didnt have much credit history so the ppi would guarantee a successful application so i naively took it out (something which is very difficult to prove) so where do i go from here? no idea and desperately need some advice.
thank you in advance xx:)
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Comments
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Last week I resigned from my job to become a carer for my daughter for a while and made a claim to barclaycard on my policy that i have paid staggering amounts for for the past 17 years. If my claim is successful they will pay a measly payment that amounts to about 8quid per month. What a joke!!
If is unlikely your claim will succeed as you were not made redundant.Many a time i have looked at reclaiming the money back for this policy which in my early 20s i was told that i didnt have much credit history so the ppi would guarantee a successful application so i naively took it out (something which is very difficult to prove) so where do i go from here?
That is a very weak complaint. Almost certainly you cant prove what was said. Do you have anything stronger to go by?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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